Industry News

Kongsberg Martitime signed a Development Program Framework Agreement with Noble Corp, for the co-development of advanced marine technologies for the offshore drilling sector.This long-term strategic partnership will focus on the joint development, piloting and commercialization of innovative solutions aimed at enhancing operational efficiency, risk assessment and sustainability in offshore operations. The first pilot project under this agreement will be launched later this year on the drillship Noble Sam Croft.（2025-07-31）

Liquid-O-Ring 318 OCR Modified Metal-Free Thread Compound is a superior thread compound for casing, tubing, premium connections, and line pipe. It provides excellent performance in the areas of lubricity, sealing properties, make-up/break-out torque, and long-term corrosion protection during periods of storage. 318 OCR Modified contains no metals which may create a corrosive atmosphere thereby eliminating galvanic corrosion while making 318 OCR Modified the ideal product for today’s stringent environmental concerns. 318 OCR Modified is recommended for application to threadsbeing hydrostatically tested. 318 OCR Modified is manufactured using components that meet or exceeds the listed performance objectives in API RP 5A3/ISO

TotalEnergies awarded Tenaris a contract to supply casing and tubing and Rig Direct services for the GranMorgu project, located about 150 km off the coast of Suriname. In addition, Saipem, which secured an EPCI contract by TotalEnergies, has selected Tenaris to provide the seamless line pipe and thermal insulation coatings package for the project.With first oil expected in 2028, TotalEnergies and its partners aim to produce 220,000 barrels of oil per day in the central area of Block 58 through shallow and deep water wells connected to an FPSO vessel.Tenaris will supply approximately 47,000 tons of casing and tubing with

TotalEnergies started production from the BEGONIA and CLOV Phase 3 offshore projects, leveraging ullage in the PAZFLOR and CLOV floating production, storage and offloading units (FPSO) to add a total of 60,000 barrels per day (bpd) of new production.These two subsea tie-back projects deliver additional production leveraging available capacity on existing FPSO’s and as such have low marginal costs and low carbon intensities.Located 150 km off the Angolan coast, BEGONIA is a 30,000 bpd project consisting of five wells subsea tied back to the PAZFLOR FPSO. CLOV Phase 3, located 140 km from the Angolan coast, is a 30,000 bpd

Liquid-O-Ring 236 Metal-Free Tool Joint and Drill Collar Compound provides maximum protection to the drill string. 236 prevents galling, seizing, thread damage, and excessive wear resulting in prolonged tool joint and drill collar life. This non-contaminating tool joint and drill collar compound resists washout and will not harden or dry out in the connection. 236 is a metal-free tool joint and drill string compound which enables ease of makeup and breakout of all joints and provides the required thread and shoulder protection under various operating conditions. The absence of metals and presence of corrosion inhibitors make 236 a superior tool

Transocean issued a quarterly Fleet Status Report that provides status and contract information for the company’s fleet of offshore drilling rigs.This quarter’s report includes two one-well options in Australia for the Transocean Equinox at a dayrate of $540,000; a two-well option in Norway for the Transocean Spitsbergen at a dayrate of $395,000; a three-well contract in Ivory Coast, plus a one-well option, for the Deepwater Skyros at a dayrate of $361,000; and a 60-day extension in Brazil, plus options up to an incremental 120 days, for the Deepwater Mykonos.The aggregate incremental backlog associated with these fixtures is approximately $199 million.

Petrobras acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the 5th Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP).In the Foz do Amazonas Basin, Petrobras acquired blocks FZA-M-1040, FZA-M-1042, FZA-M-188, FZA-M-190, FZA-M-403, FZA-M-477, FZA-M-547, FZA-M-549, FZA-M-619 and FZA-M-621, in partnership with ExxonMobil. In the first five blocks, the consortium will have Petrobras as operator, with a 50% stake, in partnership with ExxonMobil (50%). In the other five blocks, ExxonMobil will be the operator and Petrobras will have a 50% stake.In the Pelotas Basin, Petrobras

636G Self-Mold Stick Packing is a clean, odorless, pliable packing used to seal stuffing boxes. Made with LIQUILON®, 636G Self-Mold continues to seal and lubricate long afterconventional packing has failed. It repairs scored and pitted shafts and reduces wear. Regardless of the size of the stuffing box, 636G Self-Mold forms itself to the configuration of the box and shaft and compensates for wear by remolding itself. 636G Self-Mold is highly recommended for locations where equipment shut down causes critical conditions.636G Self-Mold can be used as a supplement to worn conventional packing or intervals with conventional packing. 636G Self-Mold serves temperatures